Reach Subsea ASA (OSL:REACH) Total Assets : kr3,248 Mil (As of Dec. 2024)

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What is Reach Subsea ASA Total Assets?

Reach Subsea ASA's Total Assets for the quarter that ended in Dec. 2024 was kr3,248 Mil.

Warning Sign:

If a company builds assets at 60.8% a year, faster than its revenue growth rate of 20.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Reach Subsea ASA's average Total Assets Growth Rate was 31.10% per year. During the past 3 years, the average Total Assets Growth Rate was 70.10% per year. During the past 5 years, the average Total Assets Growth Rate was 60.80% per year. During the past 10 years, the average Total Assets Growth Rate was 26.50% per year.

During the past 13 years, Reach Subsea ASA's highest 3-Year average Total Assets Growth Rate was 337.50%. The lowest was -93.10%. And the median was 15.00%.

Total Assets is connected with ROA %. Reach Subsea ASA's annualized ROA % for the quarter that ended in Dec. 2024 was 2.64%. Total Assets is also linked to Revenue through Asset Turnover. Reach Subsea ASA's Asset Turnover for the quarter that ended in Dec. 2024 was 0.21.

Reach Subsea ASA Total Assets Historical Data

The historical data trend for Reach Subsea ASA's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Reach Subsea ASA Total Assets Chart

Reach Subsea ASA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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363.01

746.53

952.09

2,687.88

3,247.70

Reach Subsea ASA Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															2,687.88	3,191.32	3,260.18	3,359.93	3,247.70

Reach Subsea ASA Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Reach Subsea ASA's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	1091.914	+	2155.788
	=	3,248

Reach Subsea ASA's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	1091.914	+	2155.788
	=	3,248

Reach Subsea ASA (OSL:REACH) Total Assets Explanation

Total Assets is connected with ROA %.

Reach Subsea ASA's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	87.26	/	( (3359.933	+	3247.702)	/ 2 )
	=	87.26	/	3303.8175
	=	2.64 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Reach Subsea ASA's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	684.809	/	( (3359.933	+	3247.702)	/ 2 )
=	684.809	/	3303.8175
=	0.21

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Reach Subsea ASA Total Assets Related Terms

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Reach Subsea ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Reach Subsea ASA (OSL:REACH) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

REACHo:Sweden 0EMB:UK 4RS:Germany

Address

Mollervegen 6, Haugesund, NOR, 5525

Website

https://www.reachsubsea.no

Reach Subsea ASA is a Norwegian subsea service provider. The services provided by the company include vessel fleet which comprises of edda fonn which is used for survey and light construction services, havila subsea, normand reach for complex offshore operations, viking neptun for cable installation and heavy lifting, and stril explorer. It two reportable segments namely Oil and Gas and Renewable and others. The company generates maximum revenue from the Oil and Gas segment.

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